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Saturday, 17 May 2008
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Even More Condos Slated for Downtown Bellevue

Although most of the office space currently under construction in downtown Bellevue seems to have lease committments, there is still a question of how long it will take for all the residential units being developed to be absorbed.  Afterall, we are in a slowing market with a huge amount of inventory already on the market.

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AAA Properties Offers to Advertise Other Brokers' Listings FREE

It seems to me that any real estate agent or broker who is fulfilling their fiduciary duty to their clients would want to take advantage of any opportunity to expose their client's property for sale to as many potential clients as possible.  This should be especially true in a slowing market like we have locally, with the highest inventory levels we have seen in six years.  Afterall, most properties are no longer selling two days after being listed on the MLS.  Agents are actually having to work to market them again.  The properties that are not priced or marketed property are languishing on the markets for months and many have been subject to price reductions.  Without proper marketing and advertising, I predict there will be a lot more of that in the coming months.

To help homesellers and their listing agents/brokers (assuming they already have them) sell their homes in a more timely fashion, I have decided to offer FREE advertising in the print edition of Eastside Business (as well as many local and national websites) through AAA Properties.  Again, this is a FREE service and the properties will be advertised until sold.  If a home is already listed for sale through another broker, we just need their written permission to advertise it and then we will do everything possible to help get it sold. 

If you want to sell your property and it is not yet listed on the MLS, I suggest that you get it listed ASAP (before the market slows even more) regardless of whether you choose to use the discounted services of AAA Properties or the services of a more 'traditional' broker.  Either way, we are more than happy to help advertise and sell your property.  Give us a try - there's nothing to lose - except extra time on the market ...  425-455-LIST(5478).

 
AAA Properties Sponsors Eastside Business Weekly E-Newsletter

AAA Properties has sponsored the latest edition of the Eastside Business weekly e-newsletter - it's very inexpensive and an extremely cost effective way of reaching over 2,100 people on the Eastside.

We're looking forward to helping out other real estate agents and brokerages, but more importantly, local home sellers who have properties they want (or need) to sell.  We are offering to advertise any Eastside property for sale in the print edition of Eastside Business (as well as many local and national websites) - FREE of charge, until it is sold.

If you have a property that you are currently trying to sell and have it listed with another broker, this is not a solicitation for your listing, but we are still willing to advertise it for you - we just need your brokers written permission to do so.  This is a no lose proposition for you - and your agent.  AAA Properties will work to get your property additional exposure that it is not getting now.

Please call us at 425-455-LIST (5478) or write to Sales(at)AAAProperties.net.  We look forward to helping you and your agent sell your property. 

 

 
What Some Agents Do in A Changing Market

Baja BeachWith the way that our local real estate markets are heading, it is interesting to watch how some blogging agents are reacting.  Some 'professionals' who have been counseling their clients that they can expect to see double digit price increases in their homes every year are suddenly not blogging at all, or blogging strickly about events in their area.  I guess that they are too embarrassed to admit that they were wrong about the market ...

I've been saying for sometime that our local real estate market is greatly over valued - mostly due to over speculation and the ease of getting loans.  With the mortgage industry in extreme turmoil over many bad loans that were given, I'd say we are in for some tough days ahead.  We have already seen a huge increase in home inventory, a major increase in days a home is on the market and are starting to see a lot of price decreases.  I believe we will be seeing price decreases for some time here on the Eastside.  There are options for those who want to continue to invest in (and profit from) real estate ...
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Investcorp to Partner with Schnitzer West on The Bravern

Investcorp's U.S.- based real estate group recently announced that it has entered a joint venture with Schnitzer West to develop a 1.6 million square foot office, retail and residential project in Bellevue. The total value of the transaction exceeds $800 million.

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AAAListsHomes.com is Here
AAAListsHomes.com is underway.  This is the website of AAA Properties in Bellevue, Washington and Solana Beach, California and developed using Joomla open-source software.
 
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